Legal Question in Intellectual Property in Massachusetts
I'm trying to retain ownership of an idea for a device (using existing technologies, owned by two other companies) so revolutionary to the television industry that it could become as commonplace as a jib or dolly, maybe even more so. I want to approach two separate companies (both of which provide a piece to the two-piece puzzle) but am hesitant to do so as I feel they may just grab my idea and run with it. Are there any ways I can protect myself so as to retain ownership of an idea, even if the patents and technologies are owned by these two other companies? As far as I can tell, no one has come up with an idea like mine before.
For example, it would like someone coming up with the idea of the Reeces Peanut Butter cup even though they are not part of the chocolate nor peanut butter industries.
1 Answer from Attorneys
Ideas are not legally protectable. You'll need to bring something much more specific to the table than a simple "idea" in order to claim legal ownership over information you need to legally protect.